The housing market in Rendsville, MN is performing well compared to the US as a whole. The median value for a house in Rendsville is $140,200, significantly lower than the US House Median Value of $338,100. However, the 1 year house appreciation rate in Rendsville is 13.39%, which is higher than the US 1 year house appreciation rate of 8.27%. This indicates that people are investing more money into buying homes in this area and that housing prices are increasing quickly. In addition, the relatively low median value makes it an attractive option for potential buyers who are looking for a good deal on quality housing.
The median home cost in Rendsville is $140,200. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Rendsville is up 12.6%.
Average Age of Homes
- The median age of Rendsville real estate is 58 years old
The Rental Market in Rendsville
- Renters make up 19.2% of the Rendsville population
- 0.0% of houses and apartments in Rendsville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.